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Mitsubishi Motors Announces Production, Sales and Exports for April 2006

Tokyo, May 24, 2006  — Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export results for April 2006.

Total global production totaled 97,061 units, 96.2 percent of the production in the year ago period. Japanese production came to 56,357 units, representing a 29.2 percent increase year-on-year.

Total sales in Japan came to 15,067 units, an 8.2 percent increase over April 2005, marking the twelfth consecutive month of year-on-year growth in the domestic market. Despite weakness in the registered car category (down 8.1 percent year-on-year) which affected the Japanese automotive industry as a whole, the continued strong sales of new models such as the "i " minicar have driven overall sales higher. Total sales for passenger cars came to 10,048 units, a strong 19.0 percent increase over the volume for the same period last year, while commercial vehicle sales decreased to 5,019 units, or 91.5 percent of the April 2005 total.

Overseas production for the month declined to 40,704 units, or 71.1 percent of the amount manufactured in April of last year. European production rose 12.8 percent over the previous year to 6,428 units. Asian production totaled 24,539 units, 56.9 percent of the previous period's total, with the decline stemming from the end of production of models at MMC's partner Proton in Malaysia. Lastly, production in North America grew to 6,125 units, representing 40.4 percent growth year-on-year due to continued strong sales of the new Eclipse sporty coupe and Eclipse Spyder convertible models. In its first month on the market, the new Eclipse Spyder realized a 89.7 percent increase in unit sales over the previous model's April 2005 total.

Total exports from Japan fell to 22,321 units, 80.8 percent of the year ago total. Exports to Europe decreased to 7,150 units, a 25.1 percent decline year-on-year. Exports to Asia came in at 1,765 units, or 46.7 percent of the export volume April 2005, while exports to the North American market fell to 2,180 units, a 17.0 percent fall year-on-year.

April
2006
Fiscal Year 2006
('06/4)
Calendar Year
2006 ('06/1-'06/4)
Volume YoY
(%)
Volume YoY
(%)
Volume YoY
(%)
Domestic
Production
Passenger Cars 48,029 128.7 48,029 128.7 229,070 133.9
Commercial Vehicles 8,328 132.1 8,328 132.1 33,591 89.0
Total 56,357 129.2 56,357 129.2 262,661 125.8
Domestic
Sales *
Passenger
Cars
Registrations 3,168 98.2 3,168 98.2 28,441 116.0
Minicars 6,880 131.9 6,880 131.9 51,541 130.7
Total 10,048 119.0 10,048 119.0 79,982 125.1
Commercial
Vehicles
Registrations 1,053 77.0 1,053 77.0 5,860 76.3
Minicars 3,966 96.4 3,966 96.4 22,573 95.4
Total 5,019 91.5 5,019 91.5 28,433 90.7
Registrations Total 4,221 91.9 4,221 91.9 34,301 106.5
Minicars Total 10,846 116.2 10,846 116.2 74,114 117.5
Grand Total 15,067 108.2 15,067 108.2 108,415 113.8
Exports Passenger Cars 20,808 77.1 20,808 77.1 123,401 120.1
Commercial Vehicles 1,513 234.9 1,513 234.9 4,654 137.9
Total 22,321 80.8 22,321 80.8 128,055 120.7
 
Production Domestic Production 56,357 129.2 56,357 129.2 262,661 125.8
Overseas Production 40,704 71.1 40,704 71.1 194,767 83.3
Total 97,061 96.2 97,061 96.2 457,428 103.4
* Includes imports
N.B.  Figures exclude truck and bus units as MMC's truck and bus operations were spun off into Mitsubishi Fuso Truck and Bus Corporation in January 2003.